For Week Ending July 30, 2022 (Data current as of Aug. 8, 2022)*

As housing supply continues to increase across the country, prospective buyers’ housing expectations are on the rise as well, with the National Association of Home Builders (NAHB) reporting the share of prospective buyers expecting their home search to be easier in the coming months climbed to 22% in the second quarter, up from 17% in the first quarter. The NAHB attributes the improved outlook among buyers to increases in inventory and a decline in buyer competition.

In the Charlotte region, for the week ending July 30:

• New Listings decreased 10.9% to 1,275
• Pending Sales decreased 10.9% to 1,109
• Inventory increased 33.9% to 6,773

For the month of July:

• Median Sales Price increased 16.7% to $385,000
• List to Close increased 9.1% to 72
• Percent of Original List Price Received decreased 1.5% to 100.3%
• Months Supply of Homes for Sale increased 27.3% to 1.4

View the full Charlotte report

Asheville Region

In the Asheville region, for the week ending July 30:

• New Listings decreased 7.3% to 329
• Pending Sales decreased 3.0% to 288
• Inventory decreased 11.2% to 2,249

For the month of July:

• Median Sales Price increased 17.6% to $400,000
• List to Close decreased 6.1% to 77
• Percent of Original List Price Received decreased 0.6% to 98.2%
• Months Supply of Homes for Sale decreased 4.8% to 2.0

View the full Asheville report

Catawba Valley region

In the Catawba region, for the week ending July 30:

• New Listings decreased 12.1% to 102
• Pending Sales decreased 9.9% to 91
• Inventory decreased 6.0% to 547

For the month of July:

• Median Sales Price increased 6.9% to $239,950
• List to Close increased 3.2% to 65
• Percent of Original List Price Received decreased 2.0% to 98.2%
• Months Supply of Inventory decreased 6.7% to 1.4

View the full Catawba Valley report

* Weekly market activity data and reports are provided by ShowingTime, and updated on Mondays by 2:00 pm, once received. Exceptions are on Monday holidays, when data/reports are not available until the following day.